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re: Homebuyer affordability slipped 5th straight month; Median Single Family Price: $446,400

Posted on 7/19/26 at 9:28 am to
Posted by meansonny
ATL
Member since Sep 2012
26997 posts
Posted on 7/19/26 at 9:28 am to
quote:


I still contend that the concept that single young people should be able to afford a house is new. Nobody I knew bought a house until they were married because it took a dual income to afford it.


My qualifying statement is that we are currently in a bubble from 2022 that hasn't resolved yet.

But you are 100% correct.
In the 50s and 60s, homebuyers were often 1 income households (but married).

In the 70s, 80s, and 90s, 2 household incomes pushed home prices higher.

It is rare for a single person to have the disposable income to save up for a home. That hasn't changed the last 30 years. They are competing against 2 income households for everything (including apartment rent)
Posted by oldtrucker
Marianna, Fl
Member since Apr 2013
3760 posts
Posted on 7/19/26 at 9:28 am to
Looks like you got a choice
Posted by Joshjrn
Baton Rouge
Member since Dec 2008
33222 posts
Posted on 7/19/26 at 9:29 am to
quote:

Well that is bullshite. How do you think major metropolitan areas expanded outward in the 60s, 70s, 80s, and 90s?

In suburban rings immediately around the city, with each ring getting further, and further, and further away from where the jobs are. Do you not see a difference between buying 15 minutes outside of the city versus an hour outside of the city?
Posted by NIH
Member since Aug 2008
124134 posts
Posted on 7/19/26 at 9:30 am to
No, I’m spending my money on truth social gold and Starbucks
Posted by Crimson Wraith
Member since Jan 2014
30253 posts
Posted on 7/19/26 at 9:30 am to
These pukes piss and moan today.

I grew up in the deep south with no A/C, no cable or satellite TV.

Never ate out except on vacation (sometimes) and that wasn't even every year.

Posted by meansonny
ATL
Member since Sep 2012
26997 posts
Posted on 7/19/26 at 9:30 am to
quote:

You can be a successful millennial that has a nice house with a great interest rate and still acknowledge that people trying to buy their first house in 2026 have it harder than past generations.


This isn't generational.

Each generation has had hardships.

What we have today is a bubble that blew outward in 2022 which has neither burst nor regulated with higher incomes and flat growth.

It is harder "today". But this bubble is not different than bubbles in the past.
Posted by Joshjrn
Baton Rouge
Member since Dec 2008
33222 posts
Posted on 7/19/26 at 9:31 am to
quote:

My relatives chose to live in the country and so do I. Seems like choices have consequences. You couldn't pay me to live within the city limits of a small town and nowhere near a big town. I want everything like I want it pappy and cheap! Damn Boomers caused this!

I’m thinking that the disability question you avoided might have merit, and that the notations might be above the shoulders
Posted by meansonny
ATL
Member since Sep 2012
26997 posts
Posted on 7/19/26 at 9:32 am to
quote:


In suburban rings immediately around the city,


Lol

What was there before the suburban ring? Literally cows.

And as the suburbs were created immediately outside the city, that pushed lower prices outward to the next ring of cows.

As the suburbs expanded to the 2nd ring, the interior rings changed from suburbs to business districts.

But it literally always started with cow pastures.
You know nothing.
Posted by Night Vision
Affordable Housing For OT Board
Member since Feb 2018
23330 posts
Posted on 7/19/26 at 9:34 am to
quote:

Do you not see a difference between buying 15 minutes outside of the city versus an hour outside of the city?


That has always been the case as far back as I can remember. That is not new.
Posted by LSBoosie
Member since Jun 2020
19484 posts
Posted on 7/19/26 at 9:35 am to
quote:

Cry bitch.

Call your pappy and maybe he'll bail you out.

I’m not crying. Also, I can’t call me “pappy” for help as he died years ago. Thank you for the suggestion though.
quote:

My folks never even co-signed a car loan for me.

Neither have mine. Do we both get a cookie now?
This post was edited on 7/19/26 at 9:37 am
Posted by Night Vision
Affordable Housing For OT Board
Member since Feb 2018
23330 posts
Posted on 7/19/26 at 9:36 am to
I'm not the one crying like a little bitch.
Posted by Joshjrn
Baton Rouge
Member since Dec 2008
33222 posts
Posted on 7/19/26 at 9:37 am to
quote:

I'm not the one crying like a little bitch.

I’m not crying at all; again, I’m a homeowner doing just fine. The fact that you can’t seem to wrap your head around this is telling
Posted by LSBoosie
Member since Jun 2020
19484 posts
Posted on 7/19/26 at 9:39 am to
quote:

That has always been the case as far back as I can remember. That is not new.

Wait, do you think buying a house in somewhere like Frisco or Plano is the same now that it was 15-20 years ago? Hahaha
Posted by Night Vision
Affordable Housing For OT Board
Member since Feb 2018
23330 posts
Posted on 7/19/26 at 9:42 am to
You seem to think at some point in the past it cost the same to live 15 min from the city vs 45 min to an hour away.

Nothing could be farther from the truth. It has always been much cheaper the further you go out from the center.


Maybe since you are doing so well (as you say) you should start a go fund me for your little buddies on here who you like to whip up about how hard they have it.

Why aren't you helping these downtrodden tykes?
Posted by Joshjrn
Baton Rouge
Member since Dec 2008
33222 posts
Posted on 7/19/26 at 9:46 am to
quote:

You seem to think at some point in the past it cost the same to live 15 min from the city vs 45 min to an hour away. Nothing could be farther from the truth. It has always been much cheaper the further you go out from the center.

fricking duh. My point was that people “buying in the country” were vastly closer to the city than people “buying in the country” now.

Put another way, buying 15 minutes from the city center is vastly more expensive now than it was, say, thirty years ago.
quote:

Maybe since you are doing so well (as you say) you should start a go fund me for your little buddies on here who you like to whip up about how hard they have it. Why aren't you helping these downtrodden tykes?

Because I don’t care enough about it to donate money to strangers? That’s different than being so dense as to not be able to see that there is an issue
Posted by WestCoastAg
Member since Oct 2012
150692 posts
Posted on 7/19/26 at 9:47 am to
quote:

for half of what can be made working a trade
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
41619 posts
Posted on 7/19/26 at 9:50 am to
quote:

I bought two houses in my life on VA loans and never paid a cent down. No points paid either.


You’re welcome.
Posted by Howyouluhdat
On Fleek St
Member since Jan 2015
9179 posts
Posted on 7/19/26 at 9:53 am to
Gotta price out the riff raff
Posted by LSBoosie
Member since Jun 2020
19484 posts
Posted on 7/19/26 at 9:54 am to
quote:

It has always been much cheaper the further you go out from the center.

No shite. No one is denying this. The point is that in some areas the cost equivalent of what use to be buying a house 30 minutes outside of the city is now buying a house 1.5 hours outside of the city.
Posted by Night Vision
Affordable Housing For OT Board
Member since Feb 2018
23330 posts
Posted on 7/19/26 at 9:56 am to
Maybe you need to find a new area to relocate to.

What Gen are you?

I'm Gen X.

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